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HP Adhesives Limited IPO (HP Adhesive IPO) 15th - 17th Dec
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HP Adhesives Limited IPO (HP Adhesive IPO)
HP Adhesives Limited is an adhesives and sealants company. The company manufactures a wide range of consumer adhesives and sealants such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesive, PVA adhesives, silicone sealant, acrylic sealant, gasket shellac, other sealants, and PVC pipe lubricants.
These adhesives and sealant products have applications in multiple industries such as plumbing and sanitary, drainage and water distribution, general-purpose building/ construction, and interior operations as well as for glazing operations, woodwork, footwear, automotive, foam-furnishing, and other varied industries.
Apart from the above products, the company also sells ancillary products like ball valves, thread seals, and other tapes and FRP products for drainage and architectural solutions.
* IPO Opening Date - Dec 15, 2021
* IPO Closing Date - Dec 17, 2021
* Issue Type - Book Built Issue IPO
* Face Value - ₹10 per equity share
* IPO Price - ₹262 to ₹274 per equity share
* Market Lot - 50 Shares
* Min Order Quantity - 50 Shares
* Listing At - BSE, NSE
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https://www.desidime.com/comments/permalink/8166778
HP Adhesives shares list at 16% premium over issue price
It may list in the range of ₹310 to ₹350
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How is this IPO?